FXstreet.com

EMU economic indicators

13

1

Output in the German producing sector (April): decrease likely

Mon, Jun 8 2009, 07:05 GMT
by BHF-Bank Economics Department

BHF-Bank


  • German industrial new orders (April): down

  • Output in the German producing sector (April): decrease likely

  • EMU industrial production (April): further decline

German industrial new orders, which had soared unexpectedly in March, are likely to have suffered a setback in April. Although most of the correlated climate indicators improved, machinery orders plummeted, according to VDMA, the German Engineering Federation.

Output in the German producing sector will probably have decreased in April, just like the ifo Institute’s current assessment of the situation in the manufacturing sector.

EMU Economic

For similar reasons, French, Italian and EMU industrial production could have continued declining in April. Italian GDP growth in Q1 2009 is unlikely to be revised significantly.

Following the usual seasonal pattern, the German trade balance and current account will probably have deteriorated in April.

Published on  Mon, Jun 8 2009, 08:06 GMT


Archive

BHF-BANK Aktiengesellschaft  | Bockenheimer Landstrasse 10 60323 Frankfurt am Main
http://www.bhf-bank.com/w3/index.en.jsp | corp-comm@bhf-bank.com

Legal disclaimer and risk disclosure

This report has been prepared by BHF-BANK Aktiengesellschaft on behalf of itself and its affiliated companies (together "BHFBANK Group") solely for the information of its clients. The information and opinions in this document are based on sources believed to be reliable and acting in good faith, but no representation or warranty, express or implied, is made by any member of the BHF-BANK Group as to their accuracy, completeness or correctness. Opinions and recommendations are given in good faith but without legal responsibility and are subject to change without notice. The information does not constitute advice or personal recommendation, for which the duty of suitability would be owed, but may facilitate your own investment decision. Moreover, you should seek your own advice as to the suitability of an investment matter mentioned herein. Investors are reminded that the price of securities and the income from them can go down as well as up and that the past performance of an investment or a market is not necessarily indicative for future results. This document is for information purposes only. Descriptions of any company or companies or their securities mentioned herein are not intended to be complete, and this document is not, and should not be construed as, an offer to sell or solicitation of any offer to buy the securities mentioned in it. BHF-BANK Group and its officers and employees may have a long or short position or engage in transactions in any of the securities mentioned in this document, or in any related securities. This publication must not be distributed in the United States. © 2009 BHF-BANK Aktiengesellschaft All rights reserved. Please mention source when quoting from it.

Related reports

European Market Update - German IFO survey hits 15 month highs by TradeTheNews.com
Tue, Nov 24 2009, 11:00 GMT

Top Fundamental Stories - German IFO Climbs to the Highest Level in 15 Months by ecPulse.com
Tue, Nov 24 2009, 10:43 GMT

Top Fundamental Stories - Europe Ahead: Germany's GDP Unrevised as Imports and Exports Rise by ecPulse.com
Tue, Nov 24 2009, 08:09 GMT

Forex Trading Strategies - Dollar bears take a breather as Asia focuses on bank capital levels by Saxo Bank
Tue, Nov 24 2009, 07:27 GMT

Start the Day - Japanese Labour and Thanksgiving holiday today by Mizuho Corporate Bank
Mon, Nov 23 2009, 07:25 GMT

germany

View All

Related content


Interested in forex trading? forex brokerage firms!


MG Financial Group
Contact the broker/FDM
Open a demo account
ACM Advanced Currency Markets SA
Contact the broker/FDM
Open a demo account
FXDD
Contact the broker/FDM
Open a demo account		Saxo Bank A/S
Contact the broker/FDM
Open a demo account		MF Global FXA Securities Ltd.
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.